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General

Telenet ups quad-play penetration, Q1 revenues lift 11%

Thursday 27 April 2017 | 09:55 CET | News
Belgian operator Telenet said first-quarter revenues lifted 11 percent from the year before to EUR 616.0 million, thanks to its takeover of mobile operator Base and the sale of Ortel Mobile to Lycamobile. Total mobile revenues fell 4 percent on an organic basis due to discounts in the Wigo offer, the cut to regulated roaming prices, changes to handset pricing and lower usage-related revenue per user. Adjusted EBITDA rose 10 percent to EUR 289.4 million. On an organic basis, Telenet said revenues were stable, with higher cable subscription and B2B revenue offset by continued pressures on its

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Categories: General
Companies: Telenet
Countries: Belgium
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